Integration News
Nortek acquires health and wellness tech biz from Numera

Headquartered in Seattle, Numera creates mobile PERS products and cloud-based software platforms that enable providers and healthcare-related companies to create safety and health monitoring services for their customers. These services extend beyond PERS to the healthy aging, chronic condition management and post-acute care markets. Oppenheimer & Co. Inc. acted as exclusive financial advisor to Numera.

Numera Libris integrates safety and health monitoring capabilities in one mobile device. Libris features hands-free communication, automated fall detection, location services and two-way voice communication.

“Acquiring this business is an important technology initiative for our Security & Control Solutions segment,” said Nortek President and Chief Executive Officer Michael J. Clarke. “Combining Numera’s mobile PERS technologies with Nortek’s traditional PERS and on-premises security and home automation offerings will position us at the forefront of today’s aging-in-place technology trends.”

“The markets for premises and personal security are converging, and our dealers are looking to suppliers to address this convergence,” said Michael O’Neal, president of Nortek Security & Control.

According to the U.S. Centers for Disease Control and Prevention, more than one in three seniors fall each year, costing the U.S. healthcare system more than $34 billion annually, with 43 percent of these falls occurring outside the home. With the population aging, both the number of falls and the costs to treat related injuries are likely to increase.